In this article, we’ll look at the reasons behind a new bill introduced by Rep. Yvette Clarke (D-NY) in response to AI-generated political ads and its implications for the upcoming 2024 election cycle. Key Takeaways: Clarke’s bill aims to require disclosures of AI-generated content in political ads. The bill is a direct response to a …
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Amidst the AI disruption, The Recording Academy announces only human-composed songs will be Grammy-eligible. Here’s how the music industry navigates AI. Key Takeaways: The Recording Academy rules that only songs “mostly” written and performed by human beings will be considered for Grammy Awards. The organization will accept songs with some AI-generated elements, but the main …
Discover Google’s new AI-powered tool that offers a personalized virtual shopping experience, enabling you to see clothes on different models. Key Takeaways: Google has unveiled a cutting-edge AI tool that allows online shoppers to virtually try on clothes on models of various sizes, ethnicities, and body types. The try-on feature uses Google’s generative AI, trained …
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As the world evolves, so do its financial markets. As such, major players in the industry must continually adapt their strategies to remain competitive. This week, two major financial institutions made announcements related to their operations. Citigroup, a multinational investment bank headquartered in New York City, announced plans to recalibrate its investment banking workforce. This …
Silicon Valley Bank (SVB), a Major Tech Sector Lender, Collapses as Broader Industry Reckoning Continues – Second Largest Bank Failure in US History On Wednesday evening, Silicon Valley Bank (SVB) announced that it was planning to raise $2 billion to strengthen its financial position after suffering losses amid the broader slowdown in the tech sector. …
Amid mounting pressure over concerns that TikTok may be sharing user data with the Chinese government, the social media platform has launched Project Clover, a new data security regime aimed at protecting user information in Europe. Under the new regime, user data will be stored within Europe and placed under tighter access controls, with oversight …
Pepsi, Ally, Mondelēz, and Coty Share Success Stories of High Returns Through Video Game Advertising
Billions are invested by advertisers in video games, as over 50% of the US population engages in gaming. Major brands such as Pepsi and Ally have revealed how they have successfully invested in video games as an advertising medium, despite facing challenges in getting approval across their organizations. Speaking at the IAB Playfronts conference in …
In this article, we’ll look at the reasons behind the recent complaint filed by the Center for AI and Digital Policy (CAIDP) against OpenAI, arguing that the company’s GPT-4 model violates the Federal Trade Commission (FTC) rules against unfair and deceptive practices. Key Takeaways: AI Policy group CAIDP filed a complaint against OpenAI, stating GPT-4 …
In this article, we’ll examine the impressive advancements in quadrupedal robots and how Google’s DeepMind has introduced a new standard to measure their performance. We’ll delve into the reasons behind the development of this groundbreaking benchmark known as “Barkour”, and how it works to accurately assess the capabilities of these four-legged robotic companions. Key Takeaways: …
In today’s article, we delve into the recent appeal made by OpenAI CEO, Sam Altman, to Congress, pleading for the urgent regulation of artificial intelligence. We’ll explore the reasons behind this call to action, the potential impact of this technology, and the proposed methods to safeguard society from potential AI-related harm. Key Takeaways: Congress Urged …
In this article, we’ll examine the reasons behind Google’s recent announcement to incorporate AI chat features in Gmail and Docs and explore how these developments will impact the world of technology. Key Takeaways: Introducing AI Chat to Gmail and Docs: A New Chapter for Google Workspace Google is diving deeper into the realm of generative …
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In this article, we’ll explore how Amazon’s CodeWhisperer, an AI-driven coding assistant, is now available for free to individual developers, taking on its competitors in the AI coding landscape. Key Takeaways: Amazon’s CodeWhisperer is now free for individual developers CodeWhisperer competes with Microsoft’s Copilot AI and Google’s DeepMind AlphaCode The tool supports a wide range …
In this article, we’ll look at the innovative AI startup, Runway, and their newly launched mobile app which allows users to create unique video-to-video transformations using their groundbreaking Gen-1 AI model. Key Takeaways: Runway’s mobile app allows users to record and generate AI videos in minutes. Users can transform videos using text prompts, images, or …
In this article, we’ll explore Dropbox’s decision to lay off 500 employees and pivot towards AI, as well as the implications this has on the company’s future. Key Takeaways: Dropbox is laying off 500 employees, which is 16% of its workforce The company is consolidating its core and document workflow businesses Dropbox is focusing on …
In this article, we’ll look at the reasons behind Elizabeth Holmes’ temporary reprieve from prison and the details surrounding her appeal. Key Takeaways: Elizabeth Holmes avoids prison this week due to a last-minute appeal filed by her attorneys The appeal cites “numerous, inexplicable errors” in the judge’s ruling Holmes’ legal team argues that her appeal …
In this article, we’ll look at the reasons behind the groundbreaking launch of Kinetix’s Text2Emotes, an AI technology that enables users to generate 3D animations and emotes for games from simple text prompts. Discover how this new era of user-generated content is transforming the gaming landscape and offering endless possibilities for self-expression. Key Takeaways: Text2Emotes …
In this article, we’ll explore the European Commission’s recent naming of 19 technology companies that will be subject to stringent new regulations under the Digital Services Act (DSA). We’ll discuss the reasons behind the designation and the key takeaways of the new rules. Key Takeaways: 17 Very Large Online Platforms (VLOPs) and 2 Very Large …
In this article, we’ll examine the increasing control Big Tech has over the development and deployment of AI technologies and the possible implications for competition and society at large. Key Takeaways: Big Tech is becoming more powerful due to AI advancements. AI startups relying on major cloud platforms contribute to Big Tech’s bottom line. AI …